Backpack Trader

Category: Places I Trade From

  • Swing Trading is Low Maintenance, Low Stress

    Swing Trading is the epitome of Backpack Trading. You can do this from anywhere.  It only requires a few minutes per day. My colleague Rick Stambaugh has become quite the Spotlight Power Trader expert.  He’s recently put together a package of 30 tested high performing Swing Tradeplans. Each plan only requires a few minutes per…

  • Secret to Making More Money – Not What you Expected

    This is actually a non secret to making more money.  But first, a few podcasts ago, I made a proclamation to the world that I was going to shed some pounds. My reason for doing so is directly connected to this big non secret to making more money. Check out my podcast here: Non Secret…

  • Simple Trade Technique that Stacks the Odds in Your Favor

    This simple trade technique is nothing new, but many people probably don’t know about it.  I showed it yesterday during my Wealth365 presentation and in fact, jumped on a trade about 30 minutes before my curtain call. Basically I look for a particular candle stick that stabs up into ‘my lines.’  When I say ‘my…

  • Crude Oil and Houston – But Don’t CALL Me Houston!

    Crude Oil was on fire again this week, not literally, but as a day trading instrument.  Our Weekly Crude Oil Report Session won again.  Unfortunately for me, I was on checking through airport security and my mistimed travel itinerary caused me to miss it. Both Counter Punch Trader and Spotlight Power Trader won again.  Spotlight…

  • The Best Trade of My Life

    The best trade of my life also happened in my early years of trading, when I was just starting out.  It happened about 27 years ago actually.  You would think that after all the years of trading that followed, I would have made a better trade.  Nope! As you will shortly see, that would be…

  • Winning Crude Oil Inventory Report Session — Explained in Great Detail

    We had another winning Crude Oil Inventory Report Session today.  I had actually recorded the live session but the video projector from our traderoom froze up on my recording computer and it didn’t turn out.  So instead, I thought I would take the opportunity to walk you through the session, step by step, and explain…